Central Bank of Armenia issues benchmark mid-term bonds worth 4bln drams

YEREVAN, November 20. /ARKA/. The Central Bank of Armenia placed mid-term government treasury bonds worth 4 billion drams on November 19.

The serial number of the bonds is AMGN36294167; redemption period is till April 29 2016
Total bid amount is 14.8 billion drams, including 12.45 billion drams under competitive bids.
Seven dealers participated in the auction.

Average weighted yield is 10.1623% and cutting point 10.2500%. Profit after placement is 4,008,833,890 drams ($1=404.80drams). –0-

spot_img

POPULAR

VTB (Armenia) offers corporate clients effective solutions for managing idle funds

VTB (Armenia) offers a range of three deposit products for corporate clients, each with different terms for placing funds.

Team Holding Raises Approximately $35 Million on the Armenian Capital Market via Bond Issuance

Team Holding has completed its corporate bond public offering program in Armenia, raising funds equivalent to approximately $35 million.

Central Bank of Armenia has issued a warning regarding illegal activities of credit organization My Fin UCO

The Central Bank of Armenia has issued a warning to the public regarding a company operating on Facebook under the name "My Fin UCO," which offers lending services without the appropriate regulatory license.

Approach to financial education must focus on people’s well-being – Head of the Central Bank of Armenia

A modern approach to financial education must go beyond the mere transfer of knowledge and focus on actual financial behavior and people's well-being, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

Financial literacy among children: Idram&IDBank

Did you know that, on average, only 11% of 15-year-old students in OECD countries demonstrate capabilities corresponding to the highest, 5th level of financial literacy?

LATEST NEWS

spot_imgspot_imgspot_img